Basis: Latest reported fiscal quarter. Source: stored company filings and market data; unavailable inputs remain N/A.
Is the tax rate high or low?
The tax rate of 14.56% is 36% below its 5-year average of 22.59%, near the low end of its 5-year range (14.42%–26.37%).
As of the fiscal period ended Tuesday, June 30, 2026. 29.01% below its 12-month average of 20.51%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted. Q4 FY2026 (2026-06-30): 14.56%.
TAX RATE
14.56%
TAX RATE AVG TTM
20.51%
TAX RATE AVG 3Y
22.59%
TAX RATE AVG 5Y
22.59%
TAX RATE AVG 10Y
23.17%
TAX RATE AVG 15Y
27.62%
TAX RATE AVG 20Y
29.56%
CURRENT VS TTM AVG
-29.01%
CURRENT VS 3Y AVG
-35.54%
CURRENT VS 5Y AVG
-35.52%
CURRENT VS 10Y AVG
-37.15%
CURRENT VS 15Y AVG
-47.27%
CURRENT VS 20Y AVG
-50.74%
Tax rate measures income tax expense as a percentage of income before tax. It helps compare tax efficiency and identify unusual tax effects.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
| DATE | TAX RATE |
|---|---|
| 2026-06-30 | 14.56% |
| 2026-03-31 | 23.31% |
| 2025-12-31 | 22.61% |
| 2025-09-30 | 22.38% |
| 2025-06-30 | 19.70% |
| 2025-03-31 | 20.67% |
| 2024-12-31 | 22.52% |
| 2024-09-30 | 22.77% |
| 2024-06-30 | 20.50% |
| 2024-03-31 | 23.16% |
| 2023-12-31 | 23.36% |
| 2023-09-30 | 23.74% |
| 2023-06-30 | 26.37% |
| 2023-03-31 | 18.19% |
| 2022-12-31 | 22.84% |
| 2022-09-30 | 23.33% |
| 2022-06-30 | 14.42% |
| 2021-12-31 | 24.32% |
| 2021-09-30 | 24.37% |
| 2021-06-30 | 22.39% |
| 2021-03-31 | 22.62% |
| 2020-12-31 | 23.80% |
| 2020-09-30 | 24.25% |
| 2020-06-30 | 24.55% |
| 2020-03-31 | 26.98% |
| 2019-12-31 | 20.98% |
| 2019-09-30 | 23.31% |
| 2019-06-30 | 25.41% |
| 2019-03-31 | 20.83% |
| 2018-12-31 | 22.97% |
| 2018-09-30 | 22.62% |
| 2018-06-30 | 26.06% |
| 2018-03-31 | 27.39% |
| 2017-12-31 | 3.69% |
| 2017-09-30 | 34.24% |
| 2017-06-30 | 33.68% |
| 2017-03-31 | 34.69% |
| 2016-12-31 | 34.60% |
| 2016-09-30 | 34.30% |
| 2016-06-30 | 34.37% |
| 2016-03-31 | 34.17% |
| 2015-12-31 | 33.52% |
| 2015-09-30 | 34.23% |
| 2015-06-30 | 33.93% |
| 2015-03-31 | 34.33% |
| 2014-12-31 | 34.31% |
| 2014-09-30 | 34.24% |
| 2014-06-30 | 35.00% |
| 2014-03-31 | 33.99% |
| 2013-12-31 | 33.81% |
| 2013-09-30 | 33.91% |
| 2013-06-30 | 29.77% |
| 2013-03-31 | 32.48% |
| 2012-12-31 | 33.29% |
| 2012-09-30 | 34.31% |
| 2012-06-30 | 33.59% |
| 2012-03-31 | 34.91% |
| 2011-12-31 | 34.61% |
| 2011-09-30 | 34.61% |
| 2011-06-30 | 33.41% |
| 2011-03-31 | 34.16% |
| 2010-12-31 | 34.40% |
| 2010-09-30 | 34.66% |
| 2010-06-30 | 35.03% |
| 2010-03-31 | 35.41% |
| 2009-12-31 | 34.22% |
| 2009-09-30 | 33.06% |
| 2009-06-30 | 34.10% |
| 2009-03-31 | 34.71% |
| 2008-12-31 | 35.40% |
| 2008-09-30 | 36.59% |
| 2008-06-30 | 36.82% |
| 2008-03-31 | 33.87% |
| 2007-12-31 | 36.77% |
| 2007-09-30 | 35.90% |
| 2007-06-30 | 36.14% |
| 2007-03-31 | 36.76% |
| 2006-12-31 | 36.66% |
| 2006-09-30 | 36.47% |
| 2006-06-30 | 34.90% |
| 2006-03-31 | 35.66% |
| 2005-12-31 | 35.31% |
| 2005-09-30 | 36.83% |
| 2005-06-30 | 36.10% |
| 2005-03-31 | 37.32% |
| 2004-12-31 | 37.35% |
| 2004-09-30 | 37.55% |
| 2004-06-30 | 37.10% |
| 2004-03-31 | 37.95% |
| 2003-12-31 | 37.48% |
| 2003-09-30 | 38.41% |
| 2003-06-30 | 38.16% |
| 2003-03-31 | 37.73% |
| 2002-12-31 | 37.46% |
| 2002-09-30 | 38.08% |
